Anna Turi and Dániel Gera, two of Schoenherr Hungary’s most experienced legal experts, have been promoted to counsel. An experienced competition lawyer, Anna Turi has been instrumental in building Schoenherr’s competition practice in Budapest. Her colleague and labour & employment expert Dániel Gera has vast experience in employment law and litigation as well as data […]

Maravela|Asociații assisted Precision for Medicine, part of Precision Medicine Group, in connection with the Romanian law aspects of its multimillion EUR value cross-border acquisition of Argint International. Precision for Medicine supports life sciences companies in the use of biomarkers essential to targeting patients more precisely and effectively. With more than 1,450 employees in 25 locations […]

We are happy to announce that we have now become GRATA International Association – a Swiss Verein registered in Switzerland. This is done to: 1. Unite all of our offices in a convenient form; 2. Equal access of all offices to a single System and Platform; 3. Create an effective basis for cooperation and collaboration […]

Austria: The Jewel in the Crown

Pursuant to Article 267 of the Treaty on the Functioning of the European Union (“TFEU“), the Court of Justice of the European Union (“CJEU“) shall give preliminary rulings, at the request of courts or tribunals of the Member States, on the interpretation of Union law or the validity of acts adopted by the institutions.

The procedure in Article 67 TFEU operates as the keystone to ensure coherence and unity in the interpretation and application of EU law; a fundamental mechanism of the EU legal system. Indeed, the preliminary reference procedure has been regarded as the “jewel in the crown” of the CJEU’s jurisdiction.

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FDI screening was for a long time a blank spot on the regulatory landscape for most countries in Central Eastern Europe (CEE). Unlike Western European Member States, so far relatively few countries in Central Eastern Europe (Austria, Poland, Hungary, Romania) had instruments that allowed vetting foreign investments; albeit often with little practical relevance. In its […]

Terms and conditions are an indirect arrangement that entrepreneurs and consumers both encounter when engaging in transactions. The common denominator of terms and conditions is that they cannot be negotiated and only remain to be accepted or not. These days, when making a purchase online, the consumer usually acquaints themselves with the terms and conditions […]

Readers should be aware that EBA issued guidelines designed to clarify (among others) when a moratorium measure (private or public) does not automatically trigger the re-classification of exposures as forborne. Criteria include (i) moratorium was passed in response of the COVID19 pandemic, (ii) measure is broadly applied by institutions in that jurisdiction, (iii) measure is […]

Banking & Finance, Capital Markets Interest-free state loans and guarantees Following the first three credit and guarantee initiatives COVID I, II and COVID Prague designed for the small and medium sized enterprises, the Ministry of Industry and Trade (“MoIT”) and the Czech-Moravian Guarantee and Development Bank (“CMGDB”) are now planning a COVID III guarantee. COVID […]

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On 2 May 2020 the Irish Government agreed a suite of important measures to further support affected small, medium and larger businesses. These include a €2 billion COVID-19 Credit Guarantee Scheme to support bank lending to small and medium sized enterprises and a new €2 billion Pandemic Stabilisation and Recovery Fund to support medium and large enterprises.

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In a judgment handed down on 6th May 2020 in Re Debenhams Retail Ltd (in administration) [2020] EWCA Civ 600, the Court of Appeal provided confirmation on the implications for office holders and insolvent estates of using the Government’s Coronavirus Job Retention Scheme in administrations, following the previous first instance decisions on the issue in Re Carluccio’s Ltd [2020] EWHC 886 (Ch) and Re Debenhams Retail Ltd [2020] EWHC 921 (Ch). Matthew Weaver considers the judgment and its implications in this briefing.

In a judgment handed down on Monday 13th April 2020 in Re Carluccio’s Limited (in administration) [2020] EWHC 886 (Ch), Snowden J considered the application of the Government’s Coronavirus Job Retention Scheme in administrations both as a matter of principle and in respect of the logistics and practicalities involved for office holders. Matthew Weaver considers the judgment and its implications in this briefing.

Fiona Le Poidevin, CEO of The International Stock Exchange Group, explores how the Channel Islands are utilising experience and expertise to make a significant impact in global green and sustainable finance initiatives.

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Anna Turi and Dániel Gera, two of Schoenherr Hungary’s most experienced legal experts, have been promoted to counsel. An experienced competition lawyer, Anna Turi has been instrumental in building Schoenherr’s competition practice in Budapest. Her colleague and labour & employment expert Dániel Gera has vast experience in employment law and litigation as well as data […]

Maravela|Asociații assisted Precision for Medicine, part of Precision Medicine Group, in connection with the Romanian law aspects of its multimillion EUR value cross-border acquisition of Argint International. Precision for Medicine supports life sciences companies in the use of biomarkers essential to targeting patients more precisely and effectively. With more than 1,450 employees in 25 locations […]

We are happy to announce that we have now become GRATA International Association – a Swiss Verein registered in Switzerland. This is done to: 1. Unite all of our offices in a convenient form; 2. Equal access of all offices to a single System and Platform; 3. Create an effective basis for cooperation and collaboration […]

Hogan Lovells is introducing a new construction practice to its Birmingham base, having trebled its lawyer headcount since launching in the city four years ago. The new construction practice has been set up through the hire of construction associate Rebecca Storer, who joins on Monday 5 November. Storer previously spent four years as an associate […]

6 November 201809:30

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Another tax partner based in Freshfields Bruckhaus Deringer’s Frankfurt office has left the firm. Tobias Teufel, who was promoted to partner in 2010, is to part ways with the magic circle player after working in its corporate tax practice, advising banking and financial services clients. A firm spokesperson said: “The firm and Tobias Teufel have […]

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